Case Studies

Pet Store
Out of New York, a pet store owner who made the costly misjudgment of expanding the business, found himself in a highly stressful situation of owing over $325,800.00 to his creditors, and the owner believing his only option was to file bankruptcy.

Emerge180 provided an alternative solution to bankruptcy by settling these claims for $167,410, producing a savings of over half of the original debt and allowing him to continue operating his business without the financial distress.

Construction
A lucrative Construction Company operating out of Illinois was getting more than their share of new projects. With one single act of Mother Nature they were sent tail spinning financially out of control due to massive facility damage and extensive equipment loss. They were literally shut down temporarily and unable to complete any or all contracts resulting with an excess of $74,000.00 due to creditors.

With the skillful negotiations of our staff, we were able to execute settlements and reasonable short-term payment schedules to begin the debt recovery process. This provided a sense of relief for our client and created a very positive turnaround out of a severe and dangerous situation for the company, resulting in a savings of $44,000.00.

Metal Supply
A Metal Supply Company in Illinois experienced a slight decline in business and found themselves dealing with creditors who proceeded with filing lawsuits and judgments totaling over $63,000 for monies owed.

We successfully negotiated their legal matters saving them over $39,000 dollars, as well as allowed our clients to continue doing business and avoid the hassle of court dates and expensive attorney fees.

Nursery / Garden Supply
A Wholesale Nursery out of New York State had maintained a profitable business until the life time owner found himself facing a very serious illness. Although his family tried to keep things running smoothly in his absence, his financial obligations totaled over $70,000.00, had creditors threatening his once highly successful business with legal actions.

All pending legal claims were negotiated successfully by Emerge180 resulting in a savings for the business of more than $36,000.00. This provided the client the peace of mind to address his illness without the worry of financial obligations.

Air & Heating Firm
Facing uncollected receivables, past due debts amounting to $14,250.00 and legal actions by creditors, a small Air Conditioning Company out of Illinois knew that taking the right action now was necessary or losing the business would be inevitable.

Once our highly qualified staff was able to begin working with the client, the danger factor was reduced significantly. We assisted the owner with the collection of receivables as well as creating cash flow by securing debt-reduced settlements, saving our client approximately $7,500.00, and we obtained an affordable pay schedule to another creditor. By eliminating the emotional burden of the company's financial stress, the necessary "breathing room" was created for them to begin financial recovery.

Paving Company
A slow drop in business combined with the inability to manage the day-to-day task of accounts payable and receivables, a paving company in Pennsylvania was experiencing a mounting debt well over $91,912. Although the company was maintaining a regular daily cash flow, the owner did not know where to begin get things back on track.

Because the company was able to maintain regular cash flow, Emerge180 worked with vendors and creditors to help meet their financial obligations, usually at a reduced level. We also obtained very favorable payment arrangements that allowed the owner to focus on business as usual and begin the recovery process with of savings of over $36,340.

Container Supplier
A small Container Supply Company whose owner experienced some set-backs in her personal life, made the decision to supplement the business by using funds available through a personal credit line. After a short time, the debt was over $18,762 and along with interest repayments became too much for her to handle.

Emerge180 provided the necessary assistance required to obtain a simple, interest free, discounted payment arrangement with the creditors. This gave our client the necessary relief needed to move forward with business and saved the client over $9,380.00 - half of the original debt owed.